Apollo Gold revitalizes mature mines
Winnemucca, Nev. — The inaugural year of Apollo Gold (APG-T) proved to be auspicious. In 2002, the Denver-based company produced 154,860 oz. gold, doubled its reserve base and picked up the promising…
Teck Resources Limited
Goldcorp, Placer Dome spark Red Lake revival
Vancouver — The Red Lake area of northwestern Ontario has had its share of gold exploration booms over the past 75 years. Today, thanks to the discovery of additional reserves along the 24-million-oz…
Exploration heats up in SW New Brunswick
Despite a slump in base metal exploration, 2002 proved to be a banner year for precious metals in New Brunswick. It was gold’s turn to shine as exploration efforts turned up widespread occurrences in …
Base metals diverge, golds plunge deeper
The Toronto Stock Exchange composite index plunged 80.77 points over the Feb. 26-Mar. 4 report period to finish the week at 6,422.33.On March 5, gold settled at a London morning fix of US$354.50 per o…
Aur tackles debt as earnings shrink
Despite higher mine production and stronger copper prices, Aur Resources (AUR-T) watched its profits wither in the fourth quarter of 2002.The company earned US$1.9 million (or US2 per share) on reven…
Shareholders approve Fording plan (March 03, 2003)
The plan of arrangement under which coal producer Fording (FDG-T) would be converted into an income trust has received shareholder approval at a special meeting in Calgary, allowing Fording to combine…
Broad market flops as gold surges
The S&P-TSX composite index continued its downward spiral over the Feb. 19-25 report period, slipping 89.45 points to 6,503.10.Not even a surge in spot gold could save producers: Placer Dome plummeted…
Sustainability workshop
Vancouver-based consultants Anthony Hodge and Ian Thomson will moderate a workshop dubbed “Seven Questions to Sustainability” on March 13 at Metro Hall in downtown Toronto.As the heads of the their re…
Diamonds among best bets for ’03
The Northern Miner asked several followers of the junior mining sector for their recommendations and predictions for 2003. Last week we heard from John Kaiser and Donald Poirier. This week, James Must…
Kinross jumps to senior ranks as gold soars
Although it came as no surprise, Kinross Gold made headlines over the Jan. 28-Feb. 4 report period by concluding its long-awaited 3-way merger with TVX Gold and Echo Bay Mines to become Canada’…
Iamgold execs cash in options
Recent insider trading transactions reported by the Ontario Securities Commission include the following:n Aurizon Mines (ARZ-T) — Ian Walton, director, sold 10,000 shares at $1.32 apiece to hold 764,…
Wolfden peddles Red Lake properties
Having just arranged to acquire the 30% interest in the My-Ritt property it does not already own, Wolfden Resources (YWO-V) is granting Teck Cominco (TEK-T) an option to take a 60% stake in the proper…